The real estate market continues to see notable developments in legal issues, policy and housing accessibility. HoREA warned that legal gaps in land parcel separation are being exploited by individuals posing as private sellers to illegally subdivide and sell plots, shifting the risk of fraud onto buyers. In the social housing segment, the Ho Chi Minh City Real Estate Association proposed restoring residency requirements to reduce overcrowding and limit competition for units. Several associations and businesses also proposed allowing developers to collect a 5% deposit as soon as a project begins construction, instead of waiting until the foundation is completed and other current sales conditions are met. Meanwhile, the Government proposed abolishing the 0.2% tax rate on encroached land, while experts said the criteria for identifying abandoned land must be clarified to avoid placing additional burdens on projects facing objective obstacles. In terms of prices and demand, apartments i...
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